SpaceX founder and Tesla CEO Elon Musk looks on as he visits the construction site of Tesla’s gigafactory in Gruenheide, near Berlin, Germany, May 17, 2021.
Michele Tantussi | Reuters
Bitcoin at its low point of the day was down more than 30% on the session to $30,001.51, its lowest since late January, according to Coin Metrics. The cryptocurrency, and the related stocks, recovered some losses later Wednesday, with bitcoin climbing back to $39,774 at 4:01 p.m. ET.
“You had a confluence of events…where you started breaking down the positivity…